HilleVax, Kangh Enter Exclusive License Agreement For Hexavalent VLP Norovirus Vaccine Candidate Outside Of China
Portfolio Pulse from Benzinga Newsdesk
HilleVax and Kangh have entered into an exclusive license agreement for the development and commercialization of a hexavalent VLP norovirus vaccine candidate outside of China. This partnership could potentially enhance HilleVax's product pipeline and market reach, while providing Kangh with licensing revenues and a share in the global market, excluding China.
January 08, 2024 | 12:13 pm
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HilleVax's exclusive licensing agreement with Kangh for a norovirus vaccine candidate may lead to future revenue growth and market expansion outside China.
The exclusive license agreement for the norovirus vaccine candidate is likely to be viewed positively by investors as it expands HilleVax's product pipeline and opens up new markets outside of China. This could lead to increased investor confidence in HilleVax's growth prospects, potentially driving the stock price up in the short term.
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